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million of rich people. look what he said here. the "forbes" 400, wealthiest individuals in america hit a new group record. $1.7 trillion, more than five times the $300 billion total in 1992. he says you know, my gang has done pretty well. so leave the middle class alone. and so these two kind of the 1-2 punch from the white house perspective, at least, today on what we should be doing in debt talks. >> buffett is interesting. he said he doesn't think it will be that big a deal if we go off the cliff. >> he says don't worry about raising taxes on investments and income from investments. he said, i will do a good deal, because it's a good deal. not because my taxes are going to be a certain rate. so he has pounded this -- beat this drum for some time. but this is the white house, the latest from the white house on the fiscal cliff and how it would hurt the middle class. >> christine romans, great to see you yet again today. can't get enough romance in my day. >>> the white house election shows where the people stand on the economy, the fiscal cliff. but today we have some very specific a
a pennsylvania toy factory. listen. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1st. every family, everybody here, you'll see your taxes go up on january 1st. i mean, i'm assuming that doesn't sound too good to you. that is sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> that's pretty scroogy, right? president obama's proposal calls for $1.6 trillion in new tax revenue. $50 billion for new stimulus spending. and about $400 billion in entitlement cuts. republicans say, the president's proposal's nothing but a political stunt. here is boehner. >> the white house spends three weeks trying to develop a proposal and they send one up here that calls for $1.6 trillion in new taxes, calls for a little -- not even $400 billion in cuts, and they want to have this extra spending that is actually greater than the amount they're willing to cut. i mean, it is -- it was not a serious proposal. and so right now we're almost nowhere. >> what we will do is continue to take this as a serious matter. this is no
's a wylie coyote, road runner thing. they do not want to be accused as being the reason america goes off the fist cal cliff. i think it's reasonable. i think democrats and republicans recognize the war is over. time to think about 2014, 2016, roll up our sleeves and negotiates. >> i'm trying to figure out exactly what that'll mean. will there be changes in social security, will cain? changes in the medicare program? will we really think about switching to a voucher program? >> i don't know, carol. look, democrats are giving lip service to reforming some of our entitlements like medicare. senator dick durbin was on abc and suggested that. the minute you push for specifics, raising the retirement age on medicare, he starts to flounder. i don't know we're moving towards any kind of deal yet. on politics, simplicity sells. a tax pledge is very simple. it communicates with your voters directly. here's the deal. republicans want low taxes for two reasons. they believe it's better for economic growth. we lost the election. we're going to lose that battle. also because they believe it will force
to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> do you remember florida on election day? that was hot. yeah, thosecredibly long lines -- those incredibly long lines of people waiting in the heat for hours on end trying to do the constitutional thing and exercise their right to vote. and the big, long ballots, sometimes ten pages or longer. i remember them well. i stood out there for 13 hours. get what, there are critics who say what i looked at and the hassles those people went through were all a big republican plan to suppress the democratic turnout. now i was in a heavily dominated republican district. but i'll tell you what -- it's been the claim of at least several former republican officials that were interviewed by the "palm beach post. "among those, that person, the former governor, republican government charlie crist who left the party and turned independent. and j
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to step down as the honorary president of the boy scouts of america, all because the scouts ban -- all because of the scouts' ban on openly gay members, a lesbian mom removed from her post as her son's den master earlier this year. right now more than 1,000 people have signed a new petition on dosomething.org. it needs more than 70,000 before they'll submit it to the white house. greg thomas, campaigns manager with dosomething.org, who started the petition. good morning. >> how are you doing? >> i'm pretty good. president obama has denounced the boy scouts policies and the supreme court upheld the policy in 2000. what would your petition accomplish? >> i think the petition would accomplish having president obama kind of practice what he's preaching. he is talking about not believing in their policy and thinking that, you know, it's not something they should be doing. if he's going to be honorary president of the boy scouts as a leader, he should -- their goal should align with his goals. if their goals don't align with his goals i don't think it's appropriate for him to be a leader of
chambliss says he cares more about america and the fiscal mess we're in than he does his pledge to grover norquist. he's ready to deal with democrats who want to raise the tax rate of the richest 2%, but ep everyone else pretty much the same. again, the deadline is january 1st. no deal in washington and we'll all be looking at increased taxes, just as holiday expenses come due. let me bring in my guest here to talk us through all the possible scenarios, bob cusack, good to have you back on the show, managing editor of "the d.c. journal the hill." let's do a little refresher. who is grover norquist, talk to me about this pledge. it is not just about raising taxes, is it not? >> it is not just about raising taxes. this is a pledge that is spearheaded by activist grover norquist, a popular figure on the right and he basically is -- most members but not all members of congress on the republican side to sign this pledge which basically says they're not going to increase tax rates and also if they close deductions they would use that money to lower taxes in another area. after seeing republican
and counting. will america go over the $7 trillion fiscal cliff? >>> online retailers are getting a head start this season, competing for your money as well. we'll look at how facebook is joining in on the holiday fun. >>> and the drug culture of the '60s and '70s is still impacting baby boomers. some are calling it the generation's hidden crisis. we'll explain. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. washington next week with just over a month to work out a deal to avoid falling over the so-called $7 trillion fiscal cliff. it would have a combination of t defense cuts, expiration of the pay roll tax holiday, and cuts in unemployment benefits. all those things are considered. joining us now is alex. it's good to see you. >> good to see you, fredricka. >> before we get to that fiscal cliff, let's talk about one of th
for the immigration fight in america. ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. [ male announcer ] break from the holiday stress. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance cos
moneymaker for the stores. i've got relatives here from central america who are here to go fight over a $4 poster they probably don't even need. you know, i actually am not a fan of these commercial holidays, if you like, because i think it takes away a bit from the thought of just yesterday we were all about family and friends and giving thanks. and now we're all fighting with each other, duking it out over tickle me elmo. so i think we need to put the focus back where it is. that being said, we're in a tough economy. if this gets people spending the money and getting the economy churning, it's all good. to each his own. >> maria, i really think one day soon that retailers will just remain open 24/7 even on holidays because they need to get people into the stores to buy, buy, buy. >> i guess that might be the case, carol, but i hope not. i guess in this recession and clugish recovery it is a good thing. it's not so good for family unity. but i got to tell you. coming off of a political campaign where people were so sick of all the political ads, how long did it take me to get sick of the
Search Results 0 to 10 of about 11 (some duplicates have been removed)